Answer: False
Step-by-step explanation:
Balanced scorecard approach is the mechanism through which a strategic plan for prioritization of tasks, monitoring day to day activities, sharing path towards achieving goal, management etc.It helps in management and monitoring of progress of the organization in terms of project, service and products.
According to the question, balanced scorecard approach used by project manager will not be used for calculation of external business , risk, supplier and other resources of the organization.
Therefore, the given statement is false.